Ella Singleton- Outline and Works Cited

pdf

School

Texas Tech University *

*We aren’t endorsed by this school

Course

2358

Subject

Communications

Date

Feb 20, 2024

Type

pdf

Pages

3

Uploaded by CaptainNeutron6115

Report
Ella Singleton COMS 2358- DO2 Pre-Planning Section Topic: Bud Light Crisis General Purpose: To show people how Bud Lights responded to this crisis____ Specific Purpose: Show the purpose of actively advertising to your target audience___ Thesis Statement: When Bud Light decided to collaborate with Dylan Mulvaney it raised controversy and created a loss in revenue, and Bud Light failed to address this crisis and is still actively trying to increase sales and maximize profit. Intro: Attention Getter: How does a company lose almost 400 million in profit in 3 months? Thesis Statement: When Bud Light decided to collaborate with Dylan Mulvaney it raised controversy and created a loss in revenue, and Bud Light failed to address this issue and is still actively trying to increase sales and maximize profit. Preview of main points: Bud Light failed to reach its target and its attempt to broaden the audience: the company’s attempt to solve this crisis and the failure to promote its brand. Body: Main Points: Remaining Silent is not a solution Megan Larson, a reporter from the Inclusion Solution, said that remaining silent lost all effort in trying to gain a new audience and left the intended audience demanding a reason as to why they remained silent
how they failed to reach a new audience as well as maintain their old one Brand Strategy & Consumer Engagement Expert, Hogan Shrum, in his article, he states that Bud Light's attempt to expand its audience failed to promote its brand by also engaging with the current consumers of the beverage. How they are still struggling to make a comeback after not providing a reason or explanation. Conclusion: So When Bud Light decided to collaborate with Dylan Mulvaney it raised controversy and created a loss in revenue, and Bud Light failed to address this issue and is still actively trying to increase sales and maximize profit So how does a company manage to lose almost 400 million dollars in revenue in 3 months? The answer is simple. Failure to appeal to the target audience in an effort to gain an entirely new one as well as well as not responding to the crisis head-on. Bibliography Agostinelli, Gina, and Joel W Grube. “Alcohol Counter-Advertising and the Media. A Review of Recent Research.” Alcohol Research & Health : The Journal of the National Institute on Alcohol Abuse and Alcoholism, U.S. National Library of Medicine, 2002, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6683812/ . Larson, Megan. “The Buzz: Wasted Opportunities: How Bud Light Missed Their Chance to Become Relevant to a New Generation of Drinkers.” The Inclusion Solution, 9 May 2023, https://theinclusionsolution.me/the-buzz-wasted-opportunities-how-bud-light-missed-their-chanc e-to-become-relevant-to-a-new-generation-of-drinkers/ .
“Rediscovering Market Segmentation.” Harvard Business Review, 4 Apr. 2023, https://hbr.org/2006/02/rediscovering-market-segmentation . Shrum, Hogan. “Bud Light’s Missteps in the Dylan Mulvaney Controversy: A Lesson in Failed Brand Strategy and the Importance of Authenticity.” LinkedIn, 3 May 2023, www.linkedin.com/pulse/bud-lights-missteps-dylan-mulvaney-controversy-lesson-hogan- shrum/ .
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help